RLI Corporation (NYSE:RLI) is a specialty property and casualty insurance company focused on underwriting niche risks for businesses and individuals. Headquartered in Peoria, Illinois, the company operates through a network of independent agents and brokers, offering customized coverage solutions. RLI’s approach emphasizes disciplined underwriting, targeted product development and strong customer service to maintain profitability and long-term growth.
Founded in 1965 as Replacement Lens, Inc., RLI initially provided insurance for contact lens manufacturers before shifting its focus to specialty insurance in the 1980s. Over the decades, the company expanded its portfolio to include a variety of commercial and personal lines. Today, RLI underwrites policies across multiple segments, leveraging its expertise in complex risk assessment and claims management.
RLI’s core product offerings encompass professional liability, general liability, surety, commercial property, commercial auto, inland marine and fidelity bonds. In addition, the company provides personal umbrella policies that extend liability protection beyond standard homeowners and auto limits. By concentrating on select markets and maintaining conservative investment practices, RLI seeks to deliver reliable coverage while preserving capital strength and financial stability.
Serving clients throughout the United States, RLI maintains a decentralized operating model that empowers regional teams to tailor solutions to local market needs. The company is led by President and Chief Executive Officer Steven J. Donnellan, who oversees strategic growth initiatives and day-to-day operations. With a track record of consistent underwriting discipline, RLI aims to balance innovation in specialty insurance products with prudent risk management.
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